Long-Term Service Agreement Extended

BASF-YPC Co. Ltd., a joint venture between BASF and Yangzi PetroChemical, has awarded EthosEnergy a six-year extension to a long-term service agreement (LTSA) originally signed in 2007. Under the extension, EthosEnergy will continue to provide services for three GE Frame 6B gas turbines at the BASF-YPC facility in Nanjing, China, until 2019.

The extension is a continuation of the full scope LTSA that includes the supply of new Frame 6B capital parts, component repairs, field services, monitoring and diagnostics, and overall performance management.

EthosEnergy consists of the Maintenance and Power Solutions businesses of Wood Group GTS (including its 49% stake in Wood Group Pratt & Whitney but excluding its Rolls Wood Group, TransCanada Turbines and Sulzer Wood joint ventures); and Siemens' TurboCare business unit, which provides aftermarket gas turbine, steam turbine and generator design, repair and manufacturing services.